US EditionMany Famous Chinese Companies Have Closed Down. Analysis: the Wave of Closures May Have Just Begun | Enterprises | Suspension of Work and Closure of Factories
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Entering the second half of 2025, China's economic difficulties have become more apparent. On July 1, SAIC Volkswagen's Nanjing factory was officially closed, Shenzhen Zhongshun Semiconductor announced that it would stop production for two months from July 2, and the Chengdu store of Japanese retail brand Ito Yokado closed at the end of June. This series of factory closures and shutdowns reflects the current reality of weak domestic demand, over…
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